06:28 AM EDT, 07/21/2025 (MT Newswires) -- Linde ( LIN ) said Monday it has signed two new long-term agreements to supply bulk industrial gases for rocket launches that will lead to investments in Florida and Texas.
The company will "significantly expand" its industrial gases facility in Mims, Florida, to provide liquid oxygen and nitrogen to support rocket launches at nearby space facilities, with the added capacity expected to start up in Q1 2027.
Under a separate agreement, Linde ( LIN ) will build a new air separation unit in Brownsville, Texas, which will supply oxygen, nitrogen, and argon for space operations in the region starting Q1 2026.
Linde ( LIN ) did not disclose the financial terms of the agreements or the investment amounts in Florida and Texas.